Africa
With a power score of 1.72, Rwanda ranks number 73 among Emerging Markets and number 26 in the Africa region
Power score
1.72/5
Score over time
2021 - 2024
Rwanda has a power score of 1.72, which puts it at rank 73 in the Emerging Markets power ranking. In comparison to 2023, Rwanda has dropped in the power rankings by 5 places, from rank 68, to rank 73.
At 1.72, the power score of Rwanda is worse than than the regional average of 1.8 in the Africa region and puts it at rank 26 in the region.
Rwanda implements policies in 3/9 power policy categories tracked by Climatescope, including Renewable energy target, Import tax incentives, and VAT incentives.
The average electricity price in Rwanda has dropped from 196.69 USD/MWh in 2022 to 176.67 USD/MWh in 2023. Since 2017, the average electricity price in Rwanda has fluctuated between 173.62 USD/MWh (2019) and 208.33 USD/MWh (2020).
The top amount of capacity installed in Rwanda in 2023 was in Small Hydro at 40.57%, down from 42.92% in 2022. The technology with the biggest increase in capacity installed in 2023 was Natural Gas at 14.46%, up from 10.38% in 2022.
The top amount of electricity generated in Rwanda in 2023 was in Small Hydro at 50.31%, down from 50.45% in 2022. The technology with the biggest increase in electricity generated in 2023 was Natural Gas at 25.5%, up from 19% in 2022.
Which segments of the power sector are open to private participation?
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Are other PPAs (eg. corporate PPAs) signed in or indexed to U.S. Dollars or Euro?
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Can a C&I (Commercial and Industrial) customer sign a long-term contract (PPA) for clean energy?
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Does the government keep the wholesale price of electricity from fossil fuels artificially low through subsidies?
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Does the government significantly increase the wholesale price of electricity from fossil fuel through targeted taxes and/or carbon prices?
For more information on best practices and climate action, explore the NetZero Pathfinders project by BloombergNEF.